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S&P affirms Grupo Nacional Provincial
Standard & Poor's said it affirmed its BBB global-scale and mxAA+ national-scale financial strength and counterparty credit ratings on Grupo Nacional Provincial SAB
The outlook is stable.
"The ratings reflect Grupo Nacional Provincial's strong competitive position in the Mexican insurance industry and its view that the company has a positive strategy developed by its experienced management team, reflected in its above-average financial profile," said S&P credit analyst Alfredo Enrique
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